The hotel market in Prague and the entire Central and Eastern European region is experiencing a recovery exceeding initial expert expectations, according to the CBRE analysis. International overnight stays in Prague are at 95% of their 2019 level.

Romania is among the few member states where residential prices have grown at rates below the EU average of around 58%, between Q1 2010 and Q1 2025, according to Eurostat.

Sorin Preda, Founder and CEO of Global Vision, talked to Property Forum about the company's new investment fund which should grow to €50 million and the vision to expand across the commercial sector as well as in the renewable energy segment as the development pipeline amounts to more than €500 million.

Sekyra Group has completed the office building in the new Rohan City district in Prague. The new Arché building is now also the headquarters of Sekyra Group. 

Garbe Industrial Real Estate Poland, in partnership with the Wood & Company Logistics SubFund, has announced the development of Garbe Park Gliwice, a new industrial complex in Poland. The park will offer 75,000 sqm of leasable space and be built to BREEAM Excellent certification standards. The investment value is expected to exceed €50 million.

Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation. 

Tatra Banka has announced the successful completion of a new syndicated financing for the consortium of YIT Slovakia and RSJ Investments.

Czech investment group Axelor has announced the strengthening of its real estate team. The expansion of the Aurelia fund is going to be led by British manager Fraser Watson as Head of Real Estate.

Radisson Hotel Group has announced the opening of Radisson Resort Ruža Vjetrova, a new premium beachfront retreat located on a secluded peninsula along Montenegro's Adriatic coast in Dobra Voda. 

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.